KWASU Agric Loan
- : Requirements
- Kwasu Agric loan enable individual farmers and organization involved in agric business access loans for a variety of uses. These include livestock farmer, crop farmer, feed miller and.
- 20% equity contribution .
- Loan term is generally longer not more than 12 months
- Processing fee- 2.5% flat
- Management fee- 2.5% flat
- Interest Rate 3% -4.5% monthly on reducing balance.
- Hypothecation agreements on deposit
- -Landed property
- -Affidavit of stock hypothecation to KWASU MFB LTD.
-Domiciliation of cash proceeds from the business.